<p><strong>墨式燒烤</strong>(CMG -1.28%) 已成為全球最知名的快餐連鎖餐廳品牌之一。但是，無論消費者對它們有多喜愛，所有公司都會在好壞時期之間循環。隨着墨式燒烤股價較 52 周高點下跌約 15%，長期增長投資者可能會考慮入場。當然，在這之前，您需要了解一些負面因素。</p>
<p>以下是在墨式燒烤股價表現疲弱時購買的三個理由。</p>
<h2>1. 墨式燒烤的增長尚未結束</h2>
<p>墨式燒烤並非一個小型餐廳概念，在全球擁有約 3500 家門店。可以肯定的是，它的高增長年份已經過去，因此在某種程度上，投資者已經錯過了可能是最激動人心的擴張階段。但這並不意味着墨式燒烤的增長已經結束。2024 年第二季度，該公司開設了 52 家新門店，這意味着年均新增約 200 家門店。顯然，增長仍在計劃之中。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA"/></p>
<p>圖片來源: Getty Images.</p>
<p>與此同時，快速比較將有助於更好地理解上升軌跡的維度。競爭對手 Taco Bell，隸屬於 <strong>百勝餐飲集團</strong>(NYSE: YUM)，經營着約 8500 家墨西哥主題餐廳。如果墨式燒烤每年開設 200 家門店，將需要超過十年的增長才能趕上 Taco Bell。</p>
<p>值得注意的是，增長並未以犧牲業績為代價。2024 年第二季度，同店銷售額增長達到令人印象深刻的 11%。這可能不是一個可持續的數字，但即使是這個數字的一半，在餐飲行業中仍代表非常強勁的表現，因為低個位數的同店銷售增長通常被認為是相當不錯的。總的來説，墨式燒烤未來仍有大量增長空間。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png"/></p>
<p>YCharts 提供的 CMG 數據</p>
<h2>2. CEO 離職並不是墨式燒烤的世界末日</h2>
<p>投資者往往會對新聞反應過度。因此，當墨式燒烤備受尊敬的 CEO Brian Niccol 突然宣佈他將離職去管理 <strong>星巴克</strong>(NASDAQ: SBUX) 時，投資者感到擔憂並拋售了墨式燒烤的股票。這是可以理解的，因為公司將不得不尋找替補，而在找到替補之前，業務前景可能存在一些不確定性。</p>
<p>但 Niccol 並非獨自行事。他身邊有一個團隊，而這個團隊將繼續留下來管理墨式燒烤。事實上，最近宣佈計劃退休的一位公司資深人士已同意繼續留下一段時間，以幫助公司繼續運營。沒有理由認為墨式燒烤會因為一個人離開而崩潰，即使那個人是 CEO。如果您是一位長期增長投資者，這裏的負面情緒可能是一個購買機會。</p>
<h2>3. 股價下跌是墨式燒烤上升軌跡的正常組成部分</h2>
<p>成長股並不會簡單地一路飆升。它們往往會沿着曲折的上升路徑前行。墨式燒烤也不例外。如果您看一下下面的價格圖表，您會發現墨式燒烤的大幅價格下跌對其來説是相當正常的。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png"/></p>
<p>YCharts 提供的 CMG 數據</p>
<p>最近的 15% 左右的下跌使股價比歷史最高點低約 15%。迅速的價格下跌歷史上一直是購買墨式燒烤的機會。公平地説，無法預測跌幅可能有多深。該股曾多次下跌 50% 或更多。但如果您不採取一種逆向思維，即在華爾街擔心時採取行動，您可能永遠不會購買墨式燒烤。</p>
<p>換句話説，不要錯過墨式燒烤的回調。增長故事仍然強勁，大的負面新聞可能已經被誇大。如果您擔心進一步下跌，可以建立一個起始頭寸，如果股價繼續下跌，則增加頭寸。</p>
<h2>墨式燒烤：抓住機會</h2>
<p>華爾街沒有水晶球，因此不可能知道墨式燒烤當前股價疲軟是長期問題的跡象，還是僅僅是長期走向更高價格的一次小波動。但如果您深入瞭解背後的故事，很有可能認為小波動理論更有可能。如果這聽起來合理，那就不要錯過。至少今天購買一份墨式燒烤的股票，因為明天可能就沒有同樣的機會了。</p>

墨式燒烤

<p>芝波特墨式燒烤的股價已經從其 52 周高點下跌約 15%，為長期投資者提供了一個潛在的買入機會。儘管首席執行官布賴恩·尼科爾離職，但該公司仍在繼續增長，在 2024 年第二季度開設了 52 家新店，並實現了令人印象深刻的同店銷售增長。對於像芝波特墨式燒烤這樣的成長股，價格波動是很常見的，當前的下跌可能是在股價再次上漲之前投資的機會。投資者被鼓勵在最近的市場低迷中考慮開始建立芝波特墨式燒烤的股票頭寸</p>

<p><strong>Chipotle Mexican Grill</strong>(CMG -1.28%) has become one of the most prominent fast-casual restaurant brands in the world. But all companies, no matter how well consumers like them, cycle between good and bad times. With Chipotle's stock down around 15% from its 52-week high, long-term growth investors might want to jump aboard. And, yes, there are some negatives to understand before you do.</p>
<div class="lb-trans"><p><strong>墨式燒烤</strong>(CMG -1.28%) 已成為全球最知名的快餐連鎖餐廳品牌之一。但是，無論消費者對它們有多喜愛，所有公司都會在好壞時期之間循環。隨着墨式燒烤股價較 52 周高點下跌約 15%，長期增長投資者可能會考慮入場。當然，在這之前，您需要了解一些負面因素。</p>
</div><p>Here are three reasons to buy Chipotle while its stock performance is weak.</p>
<div class="lb-trans"><p>以下是在墨式燒烤股價表現疲弱時購買的三個理由。</p>
</div><h2>1. Chipotle isn't done growing</h2>
<div class="lb-trans"><h2>1. 墨式燒烤的增長尚未結束</h2>
</div><p>Chipotle is not a small restaurant concept, having around 3,500 locations globally. To be sure, its big growth years are behind it, so in some ways, investors have missed out on what may be the most exciting expansion phase. But that doesn't mean that Chipotle is done growing. In the second quarter of 2024 the company opened 52 new locations, which is an annualized run rate of about 200 openings a year. Clearly, growth is still in the cards.</p>
<div class="lb-trans"><p>墨式燒烤並非一個小型餐廳概念，在全球擁有約 3500 家門店。可以肯定的是，它的高增長年份已經過去，因此在某種程度上，投資者已經錯過了可能是最激動人心的擴張階段。但這並不意味着墨式燒烤的增長已經結束。2024 年第二季度，該公司開設了 52 家新門店，這意味着年均新增約 200 家門店。顯然，增長仍在計劃之中。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F791256%2F22_01_26-a-person-looking-at-a-computer-screen-with-a-look-of-unpleasant-surprise-_gettyimages-1216968860.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源: Getty Images.</p>
</div><p>A quick comparison, meanwhile, will help give some dimension to the upward trajectory. Competitor Taco Bell, which is owned by <strong>Yum! Brands</strong>(NYSE: YUM), operates around 8,500 of its Mexican-themed restaurants. If Chipotle opens 200 locations a year it will take more than a decade of growth to catch up to Taco Bell.</p>
<div class="lb-trans"><p>與此同時，快速比較將有助於更好地理解上升軌跡的維度。競爭對手 Taco Bell，隸屬於 <strong>百勝餐飲集團</strong>(NYSE: YUM)，經營着約 8500 家墨西哥主題餐廳。如果墨式燒烤每年開設 200 家門店，將需要超過十年的增長才能趕上 Taco Bell。</p>
</div><p>Notably, growth isn't coming at the expense of performance. Same-store sales came in at a very impressive 11% in the second quarter of 2024. That's probably not a sustainable figure, but even half of that would still represent very strong performance in the restaurant industry, where low single-digit same-store sales growth is usually considered pretty good. All in, it seems like there's plenty of growth ahead for Chipotle.</p>
<div class="lb-trans"><p>值得注意的是，增長並未以犧牲業績為代價。2024 年第二季度，同店銷售額增長達到令人印象深刻的 11%。這可能不是一個可持續的數字，但即使是這個數字的一半，在餐飲行業中仍代表非常強勁的表現，因為低個位數的同店銷售增長通常被認為是相當不錯的。總的來説，墨式燒烤未來仍有大量增長空間。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png" alt="" original-src="https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png"/></p>
<p>CMG data by YCharts</p>
<div class="lb-trans"><p>YCharts 提供的 CMG 數據</p>
</div><h2>2. The CEO leaving isn't the end of the world for Chipotle</h2>
<div class="lb-trans"><h2>2. CEO 離職並不是墨式燒烤的世界末日</h2>
</div><p>Investors have a habit of overreacting to news. So when Chipotle's highly regarded CEO, Brian Niccol, abruptly announced that he was leaving to run <strong>Starbucks</strong>(NASDAQ: SBUX), investors were worried and dumped Chipotle's stock. Fair enough, given that the company will have to find a replacement, and until it does there could be some uncertainty in the business outlook.</p>
<div class="lb-trans"><p>投資者往往會對新聞反應過度。因此，當墨式燒烤備受尊敬的 CEO Brian Niccol 突然宣佈他將離職去管理 <strong>星巴克</strong>(NASDAQ: SBUX) 時，投資者感到擔憂並拋售了墨式燒烤的股票。這是可以理解的，因為公司將不得不尋找替補，而在找到替補之前，業務前景可能存在一些不確定性。</p>
</div><p>Only Niccol didn't operate in a vacuum. He had a team around him, and that team is staying behind to run Chipotle. In fact, a company veteran who recently announced plans to retire has agreed to stick around for a bit to help keep the company rolling along. There's no reason to believe that Chipotle is going to fall out of bed because one person has left, even though that person was the CEO. If you are a long-term growth investor, the negative sentiment here is probably a buying opportunity.</p>
<div class="lb-trans"><p>但 Niccol 並非獨自行事。他身邊有一個團隊，而這個團隊將繼續留下來管理墨式燒烤。事實上，最近宣佈計劃退休的一位公司資深人士已同意繼續留下一段時間，以幫助公司繼續運營。沒有理由認為墨式燒烤會因為一個人離開而崩潰，即使那個人是 CEO。如果您是一位長期增長投資者，這裏的負面情緒可能是一個購買機會。</p>
</div><h2>3. Price drops are a normal part of Chipotle's upward trajectory</h2>
<div class="lb-trans"><h2>3. 股價下跌是墨式燒烤上升軌跡的正常組成部分</h2>
</div><p>Growth stocks don't simply rocket higher and higher. They tend to follow a jagged upward path. Chipotle is no different. If you look at the price graph below, you can see that big price drops are pretty normal for Chipotle.</p>
<div class="lb-trans"><p>成長股並不會簡單地一路飆升。它們往往會沿着曲折的上升路徑前行。墨式燒烤也不例外。如果您看一下下面的價格圖表，您會發現墨式燒烤的大幅價格下跌對其來説是相當正常的。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png" alt="" original-src="https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png"/></p>
<p>CMG data by YCharts</p>
<div class="lb-trans"><p>YCharts 提供的 CMG 數據</p>
</div><p>The recent 15% or so drop has left the stock 15% or so below its all-time high. Swift price declines have, historically, been chances to buy Chipotle. To be fair, there's no telling how deep the decline could get. The stock has fallen by 50% or more multiple times. But if you don't take a contrarian stance, acting while Wall Street is worried, you may never buy Chipotle.</p>
<div class="lb-trans"><p>最近的 15% 左右的下跌使股價比歷史最高點低約 15%。迅速的價格下跌歷史上一直是購買墨式燒烤的機會。公平地説，無法預測跌幅可能有多深。該股曾多次下跌 50% 或更多。但如果您不採取一種逆向思維，即在華爾街擔心時採取行動，您可能永遠不會購買墨式燒烤。</p>
</div><p>In other words, don't miss out on a pullback in Chipotle. The growth story is still strong, and the big negative news is probably overdone. If you are worried about a deeper decline, initiate a starter position and add more if the stock continues to fall.</p>
<div class="lb-trans"><p>換句話説，不要錯過墨式燒烤的回調。增長故事仍然強勁，大的負面新聞可能已經被誇大。如果您擔心進一步下跌，可以建立一個起始頭寸，如果股價繼續下跌，則增加頭寸。</p>
</div><h2>Chipotle: Act while the iron is hot</h2>
<div class="lb-trans"><h2>墨式燒烤：抓住機會</h2>
</div><p>There are no crystal balls on Wall Street, so it is impossible to know if Chipotle's current stock weakness is a sign of long-term trouble or just a blip on what has been a long trek toward higher prices. But if you dig into the backstory here, it looks highly probable that the blip theory is more likely. If that sounds reasonable to you, don't miss out. At least buy a starter position in Chipotle's stock today, because you may not have the same chance to do it tomorrow.</p>
<div class="lb-trans"><p>華爾街沒有水晶球，因此不可能知道墨式燒烤當前股價疲軟是長期問題的跡象，還是僅僅是長期走向更高價格的一次小波動。但如果您深入瞭解背後的故事，很有可能認為小波動理論更有可能。如果這聽起來合理，那就不要錯過。至少今天購買一份墨式燒烤的股票，因為明天可能就沒有同樣的機會了。</p>
</div>

3 個理由讓你毫不猶豫地購買墨式燒烤